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S&P sales growth points to stronger jobs numbers
Scott Barlow
— The Globe and Mail
Published
Last updated
Early reports for U.S. earnings season point to a recovery in sales growth that bodes well for upcoming employment data.
Despite Monday’s U.S. market closing this is the busiest week for S&P 500 earnings with 27 per cent of companies slated to report. To date, 74 companies have announced results, and average sales growth – at 5 per cent – is returning after a disappointing third quarter.
